Industry News

Insurance Journal

Washington Asbestos Removal Company Fined $229K for Unsafe Conditions

Jul 17, 2018 An Edmonds, Wash.-based asbestos removal contractor has been cited by the Washington Department of Labor & Industries for multiple willful safety...

Mueller Industries Settles Disability Discrimination Suit in California for $1M

Jul 17, 2018 The U.S. Equal Employment Opportunity Commission has settled a disability discrimination lawsuit in California against a global metal goods...

Oklahoma City Spending to Improve Traffic Issues, Prepping for Self-Driving Cars

Jul 17, 2018 A city in central Oklahoma is spending millions of dollars preparing for self-driving cars while working to alleviate traffic problems....

Loss Estimate for Europe’s Storm Friederike (aka DAVID) Rises to €1.7B ($2.0B): PERILS

Jul 17, 2018 The third insured loss estimate for extratropical Cyclone Friederike, also known as “David,” has risen to €1.675 billion...

Best's Reviews

Nationwide Agent Files Lawsuit Over End of Exclusive Agent Agreements

Jul 17, 2018 A Nationwide agent asked a federal judge to declare the carrier’s move to end all exclusive agent agreements — announced in April — violates...

THB Makes Leadership Change in European Division

Jul 17, 2018 THB, a specialist insurance and reinsurance broker, has made leadership changes at THB European division based in Amsterdam. Paul Lindeboom, co-managing director...

The Doctors Co. Names Senior Vice President of Patient Safety and Risk Management

Jul 17, 2018 The Doctors Co., which calls itself the largest physician-owned medical malpractice insurer in the United States, has appointed...

Munich Re Unveils Changes to Business Units; CFO Successor Named

Jul 17, 2018 Munich Re said it’s reorganizing its divisions and its longtime chief financial officer, Jörg Schneider, will retire at the end of the year. The...

Claims Journal

Business News: Understory, EFI Global, Shift Technology

Jul 17, 2018 Understory Receives Patent to Manufacture Cost-Effective Weather Stations Understory, the weather network and analytics company, announced it received a patent for its cost...

U.S. Agency Wants Automakers to Speed Up Takata Airbag Recalls

Jul 17, 2018 The U.S. government’s road safety agency is urging automakers to speed up replacement of potentially dangerous Takata airbag inflators. The National Highway...

EPLI Part 1: Current Considerations

Jul 17, 2018 Ever since Harvey Weinstein became a top story, the discussion of sexual harassment and assault has become a topic that has exploded across the Internet and other media, resulting in scores of...

AAA Says 2 Florida Cities No Longer Speed Traps

Jul 17, 2018 After nearly 23 years, the cities of Waldo and Lawtey are no longer designated “Traffic Traps” by AAA. AAA recently announced that it had approved a request from the...

Business Insurance

Employers likely to prevail in LGBT cases at Supreme Court with Kennedy retirement

Jun 28, 2018 Employers will likely have an easier time combating claims of...

Validus recruits executive from XL

Jun 28, 2018 Validus Specialty Underwriting Services Inc. has recruited Bob Eells from XL Group to be senior vice president...

Lockton reports revenue increase

Jun 28, 2018 Lockton Cos. L.L.C. reported $1.57 billion in revenue for fiscal year 2018, a 9.9% increase over fiscal year 2017...